FRANKSTON is one of the averagely priced suburbs in VIC. Median home prices are $576,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $518,400 home loan.
Across the whole country FRANKSTON,3199 is number 11th fastest growing suburb by population growth, and 7th in State. Its population grew by 553 people over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,495 which is $412 more every month. As a percentage rise, this makes FRANKSTON, 3199 the number 4036th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
On a national list of suburbs ranked by median mortgage repayments, FRANKSTON would be 4066th.